# PPP loan: ACRE, LLC
> **$554K** approved 01/19/2021 · Paid in Full · Loan `1588818307`
## Borrower
- **Name:** ACRE, LLC
- **Address:** 210 E Glenn Ave, Auburn, AL, 36830-4877
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $554K
- **Initial approval:** $554K
- **Forgiven:** $557K (101%)
- **Forgiveness date:** 08/02/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $554K
- **Utilities:** $1
- **Jobs reported:** 55
## Lender
- **Originating:** AuburnBank
- **Servicing:** AuburnBank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*